Just got off conference call.. fixing to roll out changes through out the company, most likely by end of 4th quarter.
Mgmt. 1st coaching will have a action plan and course correction.
2nd coaching is pretty much termination on the spot. You’ll get to choose from a decision tree..
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Improve or be terminated
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Step down find a job or be terminated
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Take 60days pay and quit!
There will be no more long term severance packages.
Changes for hourly associates are coming also they will have to perform or get coached out the door!!
Attendance policy is also changing drastically!
Store managers will have to to start managers evals earlier this year to rank mgmt. to see who is bottom 20% in market calibration.